In trading, your Take Profit (TP) may not trigger even if the chart shows the price reaching the TP line. This is because MT5 charts typically display only the bid price, which may not accurately reflect the actual market offer.
When using different order types, it's essential to consider the spread and how orders are triggered:
• For a Buy Limit order, the market must be priced at or below your specified level.
• For a Sell Limit order, the market must be priced at or above your specified level.
• For a Buy Stop order, the market must be priced at or above your specified level.
• For a Sell Stop order, the market must be priced at or below your specified level.
To view the offer price on your chart, you can utilize custom indicators in MT5 designed to display both bid and offer prices. Understanding this ensures better control over setting your Take Profit in trading.